SAML (Samsara Luggage) ROA %: -26.99% (As of Sep. 2024)

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What is Samsara Luggage ROA %?

Samsara Luggage SAML ROA % is -26.99% as of Sep. 2024.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Samsara Luggage's annualized Net Income for the quarter that ended in Sep. 2024 was $-3.68 Mil. Samsara Luggage's average Total Assets over the quarter that ended in Sep. 2024 was $13.63 Mil. Therefore, Samsara Luggage's annualized ROA % for the quarter that ended in Sep. 2024 was -26.99%.

The historical rank and industry rank for Samsara Luggage's ROA % or its related term are showing as below:

SAML's ROA % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.29
* Ranked among companies with meaningful ROA % only.

Samsara Luggage  (OTCPK:SAML) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-3.68/13.633
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.68 / 2.664)*(2.664 / 13.633)
=Net Margin %*Asset Turnover
=-138.14 %*0.1954
=-26.99 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Samsara Luggage ROA % Related Terms


Samsara Luggage ROA % Historical Data

* Premium members only.

The historical data trend for Samsara Luggage's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Samsara Luggage ROA % Chart

Samsara Luggage Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -320.82 -271.11 -640.44 -363.99 -80.67

Samsara Luggage Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,850.51 4,436.36 -62.79 -8.58 -26.99

SAML vs JAGL, SKFG, NKE: ROA % Comparison

For the Footwear & Accessories subindustry, Samsara Luggage's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Samsara Luggage ROA % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's ROA % distribution charts can be found below:

* The bar in red indicates where Samsara Luggage's ROA % falls into.



Samsara Luggage ROA % Calculation

Samsara Luggage's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-0.144/( (0.345+0.012)/ 2 )
=-0.144/0.1785
=-80.67 %

Samsara Luggage's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-3.68/( (13.736+13.53)/ 2 )
=-3.68/13.633
=-26.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2024) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -26.99% mean?
Samsara Luggage (SAML) has a ROA % of -26.99% as of Sep. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Samsara Luggage and its competitors.
Is Samsara Luggage's ROA % too high?
Samsara Luggage's current ROA % is -26.99%.
How does Samsara Luggage's ROA % compare to JAGL and SKFG?
Samsara Luggage's ROA % of -26.99% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROA % is 2.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 2.29, based on 1,070 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Samsara Luggage and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samsara Luggage's current ROA % is -26.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samsara Luggage stock overvalued right now?
Samsara Luggage (SAML) has a current ROA % of -26.99%. The current ROA % is -26.99%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Samsara Luggage (SAML), the current ROA % is -26.99% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Samsara Luggage Business Description

Address 6 Broadway, Suite 934, New York, NY, USA, 10004
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. It generates revenues through the sale and distribution of smart luggage products.